• 제목/요약/키워드: manager characteristics

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경영자과신성향이 주가지체에 미치는 영향 (Managerial Overconfidence and Stock Price Delay)

  • 이명건;유영태
    • 아태비즈니스연구
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    • 제14권3호
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    • pp.187-204
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    • 2023
  • Purpose - This study deals with the manager's overconfidence and stock price delay, and verified whether the stock price delay phenomenon changes as the overconfidence increases. Design/methodology/approach - Manager overconfidence means that managers have over confidence in their positions or abilities, and was measured according to Schrand and Zechman (2012). Stock price delay is a phenomenon in which information of company is not immediately reflected in the stock price, but is reflected over time, and was measured by the method suggested in a study by Hou and Moskowitz (2005). The analysis subjects used in this study are companies listed on the KOSPI market between 2011 and 2019, and the final sample is 5,509 company-years. Findings - As a result of the verification, it was shown that the stock price delay decreased as the manager's overconfidence increased, and this effect was amplified as the foreign shareholder's share ratio increased and the number of follow-up financial analysts increased. This means that as the manager's overconfidence increases, he actively provides high-quality information to the capital market. In addition, as a result of subdividing the manager's overconfidence into the investment and capital raising aspects, the capital raising aspect has a significant effect on reducing stock delays. This can be interpreted as the fact that managers with overconfident tendencies have a greater incentive to satisfy investors' information needs. Research implications or Originality - In previous studies, the characteristics of managers with strong overconfidence have both positive and negative aspects. The results of this study are significant in that they clearly demonstrated the positive aspect through the market variable of stock price delay, and it is expected to help capital market stakeholders understand the characteristics of managers with a strong propensity for overconfidence.

창업지원 매니저의 역량 특성이 창업지원단 몰입도와 업무성과에 미치는 영향: 매니저의 자기효능감을 중심으로 (The Effect of Start-up Accelerating Manager's Enabling Characteristics on Their Full Commitment & Performance to Start-up Support Groups: In The Center of Manager's Self-Efficacy)

  • 강혜정;양영석;김명숙
    • 벤처창업연구
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    • 제17권1호
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    • pp.13-28
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    • 2022
  • 2011년 이후, 정부의 창업지원 사업 규모가 급속히 커지며 이를 전담하는 창업지원 매니저의 규모 또한 증가하며 이들에 대한 역할과 역량의 중요성이 커지고 있지만, 창업지원 매니저들에 대한 역할과 역량에 대한 구체적인 개념이나 창업지원 매니저의 요구역량과 보유역량 간의 간극이 커지며 자기효능감이 감소하고 이것이 창업지원단의 몰입도와 업무성과에 부정적인 영향으로 이어지는 문제가 대두되고 있다. 본 연구는 창업지원 매니저의 정의와 창업기업의 성공적인 사업수행을 돕기 위해 요구되는 핵심역량에 따라 매니저가 조직에 몰입할 수 있는 정도와 업무성과에 미치는 영향에 대해 실증분석하는 것에 초점 두며, 이를 통해, 창업지원 매니저의 역량 강화 방안을 제시하여 이들의 자기효능감을 배가하여 창업지원단 업무에 몰입하고 성과를 높이기 위한 정책시사점 도출과 이를 통해 향후 창업지원 매니저 관련 연구에 유용하게 사용될 수 있는 기초자료를 제공을 목적으로 하고 있다. 이를 위해 본연구는 크게 네 가지의 연구를 수행하였고 각각의 연구 결과를 도출하였다. 첫째, 관련 법률적 근거를 가지고 창업지원 매니저에 대한 개념을 제시하였다. 둘째, 창업지원 사업 운영에 있어 창업기업의 성공적인 육성을 위해 매니저에게 요구되는 핵심역량이 무엇인지 도출하였다. 셋째, 창업지원 매니저의 핵심역량에 대한 요인들을 나열하고, 창업보육 매니저들과의 비교를 통해 창업지원 매니저의 역량 차이점을 분석하였다. 넷째, 실증분석을 통해 정부 지원사업의 현실에 따른 창업지원 매니저의 고용 형태, 근무 환경 및 상황 등 창업지원단 조직몰입도와 업무성과 등을 자기효능감을 통해 어떠한 영향을 보여주는지 분석하였다. 본 연구를 통해 창업지원 매니저의 차별적 필요역량은 창업자 발굴역량, 프로젝트 관리역량, 검증·보강역량, 투자유치 컨설팅역량으로 정의하였다. 실증분석 결과 창업지원 매니저역량은 업무성과와 창업지원단 몰입도, 자기효능감에 긍정적인 영향을 미쳤으며, 자기효능감은 창업지원 매니저의 역량과 업무성과, 창업지원단 몰입도 사이에서 매개효과를 나타내는 결과를 얻었다. 기초적인 업무 지식부터 전문적인 지식 습득을 위한 단계적, 맞춤식, 집중 교육 훈련, 창업자들의 빠른 성장을 위한 액셀러레이터 역량 강화 교육 등 이 뒷받침 되어야 하는 점을 시사점으로 제시하고 있다. 이러한 역량 강화 교육 훈련이 이뤄진다면 창업지원 매니저들의 자기효능감은 높아질 것이고 자기효능감이 커질수록 창업지원 매니저는 본인의 역량을 크게 펼칠 수 있고, 이는 조직의 업무성과와 창업지원단 몰입도에 긍정적인 영향을 줄 것이다. 이론적 기여로는 기존 창업보육 매니저의 역량과는 달리 창업자 발굴역량, 프로젝트 관리역량, 검증·보강 역량, 투자유치 컨설팅역량이라는 새로운 창업지원 매니저역량을 도출하였다.

독일의 가족기업 실태 및 특성 분석 -가족기업종사 기혼여성과의 면접조사를 중심으로- (Work and Family Characteristics of Family Business in Germany -based on the interview with female business manager in the family businesses-)

  • 김지희;문숙재
    • 가정과삶의질연구
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    • 제18권2호
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    • pp.77-91
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    • 2000
  • The purpose of this study is twofold: to document the current research trends, significance, and actual situation of family business in Germany, and to describe the characteristics of family business work, workers, and interactions influencing work and family functioning in Germany. For this purpose, this study reviewed the sate of family business in Germany through out theoretical approach and secondary national data. In addition, this study collected in 1998 data through face-to-face interviews with female family business managers in Germany. Results of the present study indicate that family business plays a very important role in the economy of Germany. More than 85% of all companies are family businesses, which produce over 60% of GDP in Germany. The notable characteristics of family business households were the high proportion of home owners, high education level of the family business manager, high involvement of family members in family business. Also the high work sati faction among the family members who worked in family business, the effect of family business work on family life, and effect of the family on business success were extremely positive.

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가계재무관리 유형에 따른 은퇴계획 (Retirement Planning by the financial management style)

  • 김순미
    • 대한가정학회지
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    • 제32권5호
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    • pp.45-54
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    • 1994
  • The purpose of this study was to investigate the characteristics of financial management styles and retirement planning. The results of this study were as follows: Among respondents systematic managers feeling managers analyzing managers, and holistic managers were respectively 20.1%, 19.5%, 30.8% and 29.6% Several variables such as education total household income and occupation had significant differences by the financial management style. Within the group of retirement planner analyzing manager held the first place whereas holistic manager ranked the first in non-planner group. Retirement planning age which is appropriate for starting to plan the degree of systematic retirement planning and life expectancy had significant difference by the financial management style.

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수간호원의 역할 갈등에 관한 연구 (A Study on the Role Conflict of Head Nurse)

  • 박성애;이병숙
    • 대한간호학회지
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    • 제15권1호
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    • pp.44-51
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    • 1985
  • The purpose of this study was to investigate the role conflict of head nurse; to identify the degree of the role conflict, the sources of the conflict, and the relation between the degree of the conflict and the general characteristics of head nurse. During the period from July 23, 1984 to August 4, 1984, data were collected from 109 head nurses working in 7 general hospitals in seoul. The results of this study were: 1. The degree of the role conflict of head nurse was moderate. But among the three areas in performing head nurse's role, the degree of role conflict as a operational manager was slightly serious. 2. In the various sources of the role conflict of head nurse, the main sources were the shoratage of personnel (20.7%), lack of equipment (19.3%), and lack of time. (17.6%). 3. In comparison of the degree of role conflict of head nurse, there is no significant difference in the general characteristics of head nurse. But the role conflict of head nurse as a operational manager, there is a significant difference in hospital types in which the head nurse were working. (p <0.01). And as a operational manager, there is a significant difference of role conflict in educational levels. (p <0.01).

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A Study on the Productions Systems of Apparel Manufacture

  • Lee, Sun-Hee;Suh, Mi-A
    • The International Journal of Costume Culture
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    • 제2권2호
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    • pp.71-79
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    • 1999
  • The purposes of this study were to 1) identify types and usage levels of production 2) classify apparel manufacturers based on production systems and 3) investigate relationship between characteristics of apparel manufacturers and production system. Apparel manufacturer's characteristics included product line and the number of employees. For this study, the questionnaires were administered to 215 apparel manufacturers in metropolitan area from Feb. to Mar. 1998. Employing a sample of 201, data were analyzed by using factor analysis, descriptive statistics, cluster analysis, discriminant analysis, and multivariate analysis of variance(MANOVA). The following are the results or this study : 1. The production system was identified as three types of production system such as the management centered system, the product centered system and the worker centered system. 2. Based on the three types of the production system, apparel manufacturer were classified into manager centered and product centered groups. 3. With respect to product line, men's wear manufactures were operated the most frequently by manager centered and product centered groups. 3. With respect to product line, men's wear manufacturers were operated the most frequently by management centered system and women's wear manufacturers were operated the most frequently by worker centered system. With respect to the number of employees, apparel manufacturers comprising 5∼19 employees were performed the least frequently worker centered system, while those comprising 50∼99 and 100∼299 employees the least frequently worker centered system.

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R&D 전문가들의 경력 지향성에 관한 실증적 연구 (The Career Orientations of R&D Professionals : An Empirical Analysis)

  • 차종석;김영배
    • 기술혁신연구
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    • 제6권1호
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    • pp.215-249
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    • 1998
  • This study empirically examines the relationship between the career orientations of R&D professionals and their demographic characteristics (age, tenure, and education level), affiliated organizations (public and private organizations), reward systems. It further explores the contingent effects of the career orientation fit between leader and members on their performance. The results reveal that : 1) five different career orientations (technical, manager, project, technical transfer, and entrepreneur) are empirically distinguished, 2) technical orientation of R&D professionals is higher in public in private sectors, 3) technical, project, and manager orientation are positively associated with the education level, while technical transfer and entrepreneur orientation are negatively associated with the education level, 4) manager and technical transfer orientation is positively related with age and tenure, 5) the career orientation fit between leader and member is closely related with job satisfaction and organization commitment, and partially related with technical performance, 6) R&D professionals with different types of career orientation exhibit different preference to various rewards. Based on these findings, this study suggests several practical implications for the design of career ladder, mentoring, and reward systems of R&D professionals.

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Ownership Structure and Labor Investment Efficiency

  • Jungeun Cho
    • International Journal of Advanced Culture Technology
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    • 제11권1호
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    • pp.103-109
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    • 2023
  • This study examines the association between ownership structure and labor investment efficiency. Specifically, this study investigates whether owner-manager firms, where managers own a large percentage of shares in the firm, involve in more efficient labor investment. Based on the management entrenchment hypothesis, managers are more likely to make labor investment decisions to maximize their private benefits rather than creating value for shareholders, resulting in lower efficiency in labor investment. On the other hand, according to the incentive alignment hypothesis, managers tend to make labor investment decisions that will improve future firm performance as their interests are aligned with those of shareholders. In this situation, owner-manager firms are expected to have higher efficiency in labor investment. Our empirical results show that owner-manager firms engage in more efficient labor investment, which contributes to long-term firm value. This study provides empirical evidence that firms' labor investment behavior can vary depending on the characteristics of the ownership structure.

소규모 의류 소매점포 남녀경영자의 지속적인 사업영위조건 (Conditions Conducting Continuous Business of Women and Men Manager Owned Small Apparel Stores)

  • 황연순;박종희;정지윤
    • 한국의류산업학회지
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    • 제9권5호
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    • pp.507-515
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    • 2007
  • The purpose of this study was to investigate conditions conducting continuous business of men and women manager owned small apparel stores, and to compare differences on demographical characteristics of the managers, and then to reveal what conditions were important to make a profit in future by gender. Data were collected from 150 (71 from men and 79 from women) managers owned small apparel stores in Busan. The results showed as follows; Conditions conducting continuous business of women and men manager were five factors such as manger's commitment, grasping capability of the trend, employee, planning and capability on financial control. There were significant differences in the perception of gender, education, managerial period, non employment/employment and non experience/experience between women and men manager on the conditions. Also, in this study we revealed that men importantly perceived planning factor and women grasping capability of the trend to make a profit in future.

The Geriatric Care Workers' Role Care for Elderly of Sanatorium in Korea

  • Kim, Kyung-Woo
    • 한국컴퓨터정보학회논문지
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    • 제22권11호
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    • pp.105-110
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    • 2017
  • This paper is to research the difference of care workers' role in Sanatorium between urban and rural areas. Interviews have been conducted with 100 care managers with structured questionnaires in community care settings. The findings of the study are as follows. In the analysis of working with carers a care manager acting as a counsellor in rural was required rather more than any other role in working with clients' carers. In working with formal and informal networks, an administrative specialist role was also important in both areas. With resource management, there were some regional variances between rural and urban. In the urban area, a care managers as a coordinator was more required than as a broker. In the rural area, a care manager as a broker, selecting service resources for elderly clients was the most suitable role. In conclusion, in general rural care managers' roles were similar to those of many core managers in urban area. Among the many possible roles of care managers that effective continuity of care is to be provided for elderly clients in community care, two have been specified as essential roles. The first is the role of care managers that provides coordination and integration of services at the clients' levels as a care manager as an implementer, a linkman, counsellor. The second is at the system level which is possible role for coordination and linkage of programs as a characteristics of care managers, task with formal & informal network, community resources, available residential & NHS resourcesw.